WE News and Press, WeWork Inc. Class A From 11/03/23

2023-11-03 19:11:53 ET This article has been withdrawn after the statement it referenced was removed by the original press release provider. For further details see: WeWork/Cole Capital article withdrawn

2023-11-03 17:56:53 ET Class A shares of WeWork ( NYSE: WE ) on Friday skyrocketed more than 110% in extended trading, after the co-working space provider received an offer from Cole Capital Funds to acquire 51% of all minority ownership shares of the company for $9/share. ...

Cole Capital Funds sent the following letter to the Board of Directors of WeWork, Inc. We believe that it is in the best interest of WeWork to support our acquisition of 51% of all the outstanding shares owned by minority shareholders at a price of $9.00 per share and provide Cole with prop...

2023-11-02 21:11:29 ET Summary WeWork may file for bankruptcy as early as next week, following a 92% crash in its stock. Bankruptcy could be a good thing for stakeholders like employees and clients, but shareholders will likely be wiped out. A new WeWork could renegotiate leas...

2023-11-02 15:30:07 ET Summary For nearly 15 years, corporations and especially the federal government have gorged on debt that was available at ultra-low interest rates. As those interest rates have risen sharply, the bill for all that debt is now starting to come due across the ...

2023-11-02 12:04:52 ET More on Real Estate: A Rising Interest Rate Freight Train Is Coming For The Economy XLRE: Bearish Positioning In REITs At Historical Extremes Broader markets hurt REITs despite solid earnings REITs fall as earnings season kick off on a ...

2023-11-01 13:38:15 ET Gainers: Patriot Transportation Holding ( PATI ) +103% . Aldeyra Therapeutics ( ALDX ) +50% . Davis Commodities Ltd. ( DTCK ) +33% . TG Therapeutics ( TGTX ) +32% . Silence Therapeutics ( SLN ) +31% . S...

2023-11-01 12:16:00 ET WeWork (NASDAQ: WE) stock price plunged by more than 51% on Wednesday after reports said that the company was nearing bankruptcy . The shares have already plunged by over 90% this year, giving it a market cap of over $58 million. At its peak, WeWork had a mark...

2023-11-01 12:02:16 ET More on Real Estate: A Rising Interest Rate Freight Train Is Coming For The Economy XLRE: Bearish Positioning In REITs At Historical Extremes Broader markets hurt REITs despite solid earnings REITs fall as earnings season kick off on a ...

2023-11-01 08:51:55 ET Losers: WeWork ( WE ) -40% . Paycom Software ( PAYC ) -38% after Q3 earning release . IRIDEX Corp. ( IRIX ) -15% . Silicon Laboratories ( SLAB ) -26% after Q3 earning release . Extreme Networks ( EXTR )...